Ontology (ONT)

Authentification, verification and data exchange

#63

Marketcap Ranking

0.538733 (-7.11%) arrow_drop_down

Market Price (24h change)

417,832,926

Total Market Cap

3

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info_outline What is Ontology

4.1

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Ontology Short Description

General Data and Information. Ontology is a public blockchain project with distributed data collaboration aiming to build a peer to peer cross system trust network. Ontology trust network provides a strategic cooperation of data systems and trust sources. This network is composed of decentralized identity verification systems, multi factor authentication, distributed ledger technology and distributed data exchange All business types can be applied to Ontology blockchain technology without the need of users having prior knowledge on distributed networks. Led by a global blockchain expert team, Ontology provides distributed infrastructure to various businesses and decentralized applications. Ontology aims to bind decentralized digital world to the real world using “Ontology Common” or “Ontology Custom” designs. These designs enable secure end effective decentralized systems. Ontology’s ecosystem can be divided into three categories: The Technological Ecosystem, The Application Ecosystem and The Governance Ecosystem.

Ontology system architecture has a flexible design allowing for expansions and support for ever growing applications. The businesses Ontology aims to support include distributed ledgers, smart contracts, distributed authentication protocols, distributed data exchange protocols, and more. The layers of Ontology network can be divided into three: core layer, application layer and user layer. Core layer is composed of protocols and chain groups, application layer is composed of partners, application frameworks and modules, and the user layer is composed of Ontology ecosystem application users. Partners hold great importance building the Ontology ecosystem. Milestones. In 2017, Ontology was the first China based blockchain project to join DIF. In 2018, Ontology released the VBFT consensus algorithm, announced the consensus economic model, released the ONTO app, was selected as a part of Microsoft Accelerator and announced their sharding design. In 2019, Ontology development platform was added to Google Cloud Marketplace, and Ontology multichain design, WASM Testnet and multichain testnet was released. Utility.

There are more than 2 million community contributors, 900 technical contributors, 190 partners and 200 team members in Ontology Blockchain Network. There are also 50 and growing dApps, 56 nodes and more than 517000 wallet addresses in Ontology Ecosystem. Ontology token uses VBFT, a combination of three different models of Proof of Stake (PoS), Byzantine Fault Tolerance (BFT) and Verifiable Random Functions (VRF). The application areas of Ontology include finance, payments, insurance, consumer, internet of things, media, software development, medicine, asset titles, and government activities such as voting systems. Significant Features. Ontology brings solutions to current trust system flaws such as data fragmentation, individual's lack of role, monopolization of data management, false identity verification, transparency and security issues, weak reputation systems and insufficient community management. Ontology offers blockchain solutions presenting custom modules to businesses with issuable trust and verifiable identity systems. One of the key powers of Ontology is dealing with current real-life business issues instead of presenting a framework for future cases..

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Ontology Explanation Video

Ontology Cryptocurrency (ONT Reviewed by an Ethereum Developer!) | Hashoshi

Token Talk Tuesday returns with an Ontology cryptocurrency review! After a couple of days looking into Ontology, I wanted to share what you need to know ...

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Screenshot from Website

ont.io
Ontology Websitemore_vert

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Website Informationclose

Organization: Unknown
Name: Unknown
Country: Unknown
City: Unknown
Zipcode: Unknown
Address: Unknown
Mail: Unknown
Creation date: 2014-05-10
Expiration date: 2022-05-10
Nameserver: NS-249-C.GANDI.NET

build Ontology Product Analysis

4.7

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Ontology Whitepaper

Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.


The whitepaper of Ontology is 36 Pages long.

The most influencial keywords are: Data, Ontology, Management, Managing, Managers, Trust, Distributed, Contents, Decentralized, and Identity.

file_downloadOpen Whitepaper
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Ontology Competitors

  • 1.) Aion

    Aion is the digital asset of The Open Application Network. Aion is used to secure and access The OAN. As a public infrastructure, a global community of individuals, software companies, and institutions secure and maintain the operations of The OAN. These critical functions are enabled and incentivized using Aion. The Open Application Network solves the unintended consequences of platform economies. The OAN is an open source public infrastructure for the creation and hosting of Open Apps. Open Apps are programs that put users back in control and are universally accessible across platforms. The OAN is built on open standards and is owned by everyone that uses it.

  • 2.) aelf

    Aelf is a customizable operating system (OS) specifically for blockchains. The team is aiming for it to be the “Linux system” of the blockchain community.

  • 3.) Nebulas

    Nebulas is a decentralized platform which provides a search framework for all blockchains. Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem.

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Ontology Product Analysis

Ontology was founded back in February 2018. Its source code was released publicly on github on April 2018 under the Other license.
Organization wise, Ontologys Development is Semi-centralized and is being developed under the lead of Xianping Mao.

The consensus on which the Ontology network is run is called Ontology Consensus Engine, while the underlying algorithm is called VBFT.
In the current state of Ontology currently is Working product

group Ontology Community Analysis

3.7

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Ontology Communities & Events

Ontology is a blockchain for self-sovereign ID and Data. Twitter/Telegram/LinkedIn: OntologyNetwork Facebook: ONTnetwork

view_list r/OntologyNetwork Subreddit
person 16,673 Subscribers
directions_run 300 Active Users
create 1 Daily Posts
speaker_notes 1 Daily Comments
linkOpen Subreddit

本体是新一代公有基础链项目和分布式信任协作平台。
Twitter: @OntologyNetwork
Reddit: /r/OntologyNetwork
官网: ont.io

view_list Ontology 中文 Channel
person 21,275 Members
directions_run 104 Online
linkOpen in Telegram

Official Twitter account for Ontology

view_list @OntologyNetwork Channel
person 96,267 Followers
01.27.2021
11:38
This week was all about the @ONTOWallet and the range of #dApps which were added, resulting in tremendous growth for our global community 👨‍👩‍👧‍👧 Check out the rest of our weekly report: https://t.co/RGZTWKWZgE https://t.co/4E5lu6mJ07 44 favorite
01.27.2021
06:57
With less than 6 hours to go, have YOU saved your spot yet to see @LiJun_Ontology elaborate on the importance of #decentralized identity and why it is bound to 💣in 2021!? Join us at 13:00 CET for the Web 3.0 talk hosted by @Polkadot @ParityTech https://t.co/D5Fc2ecs9Z 46 favorite
01.27.2021
04:09
2021 is going to be a boom year for #blockchain and #crypto, it is very exciting & humbling to be mentioned as one of the projects to watch by @crowdfundinside as #decentralized identity and data privacy will hopefully move to the forefront. 🙏 $ONT $ONG https://t.co/7kIpSPXTrd 35 favorite
01.26.2021
04:08
Glad to hear that #staking is so popular! You can stake $ONT in your @ONTOWallet to earn $ONG rewards! Simly find ONT under "assets" and choose to STAKE! 💰💰 https://t.co/h2kYVNIXJs 42 favorite
01.21.2021
07:10
With the new year 🥳comes new promises and new...futures (trading)! 📈 Which is why we are happy to announce that you can now trade $ONT #futures at @FTX_Official! 👏👏 https://t.co/qF0DNgaAyv 49 favorite
01.20.2021
11:08
Catch up with our weekly recap and see the progress we made in the "Welcome Home" app with @MobilityDaimler + all the promos and events from last week! 😁😁 https://t.co/w6N3D74AAN https://t.co/lYPubSDt3G 52 favorite
01.20.2021
07:29
🦬 Big News! 🦬 Our #ecosystem partner @BisonTrails has officially joined @coinbase! This will surely lead to more enterprises and businesses entering into #blockchain, hopefully with a focus on #decentralized identity & data! 🔒 https://t.co/2jTWqTAwch 52 favorite
01.20.2021
05:19
Big news coming out of our ecosystem partner @BisonTrails! Congrats on the sale to @coinbase as this will hopefully lead to more adoption of #blockchain technologies, especially on #Ontology through our Triones Node Infrastructure — which was integrated last year! BisonBison https://t.co/9XsTtfH2ci 43 favorite
01.20.2021
03:12
Since the launch of #OScore, we have been just as excited as @Nicholas_Merten to realize the potential of #credit being added into DeFi in 2021! Outside of that, we'd love to hear from you guys on what other sectors can be improved with credit! Comment 👇 22 favorite
01.20.2021
02:30
Start your new year 🎉 with FREE webinar on the application of #decentralized solutions & identity to both businesses and consumers alike with @ParityTech on the 27th of January at 13:00 CET! 📅 https://t.co/PVx8YYbRIE 27 favorite

There are no events for Ontology in the next 3 Months

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Ontology Google Trends


The Google Trends chart displays the search interest on google in Ontology relative to its peak over the last year. A rising chart shows growing interest int he project.

code Ontology Development Analysis

2.3

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Ontology Github Analysis

Code Updates (Commits)


Every change to the codebase of Ontology is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 734 Stars
remove_red_eye 114 Watchers
usb 303 Forks
sync_problem 64 Open Issues
border_color 6.92 % Comment Coverage
lock_open Other License

attach_money Ontology Price Analysis

3.4

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Ontology Price Prediction

$ 0.542473 (0.31%) arrow_drop_up

Predicted USD Market Price in 24h by Coinpaper

$ 0.533399 (-1.37%) arrow_drop_down

Predicted USD Market Price in 14d by Coinpaper

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Converter ONT - USD

Convert between ONT and USD with the live Ontology prices, aggregated from all big exchanges that trade Ontology.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Ontology Team Analysis

4.8

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Ontology Team

Ontology Team Leader

Jun Li - Founder
Li has a rich academic background, including a Bachelor’s degree in Computer Science, Master’s in Communication Engineering, MBA, and PMP. He is a senior blockchain architect and blockchain solutions professional with 16 years’ work experience in IT and fintech. Li previously provided technical architecture, management, and planning support for top international IT firms and major Chinese financial exchanges.


supervisor_accountSocial Network Links

Ontology Team Members (55)

launch

Xianping Mao

Dean of ontology research institute

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Elmond Cong

Senior architecture expert

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Ning Hu

Senior architecture expert

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Wentao Yang

Co-founder

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Julia Yu

Marketing manager

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Daniel Assab

Senior overseas market specialist

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Jianqi Liu

Senior product manager

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Andy An

Senior product manager

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Kevin Ding

Investor

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Honglei Cong

Senior blockchain technology professional

compare_arrows Ontology Exchanges

Ontology Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance ONT/USDT $ 0.538645 $ 12,198,402 check
# 2 Binance ONT/BTC $ 0.538395 $ 1,515,467 check
# 3 Binance ONT/BUSD $ 0.537935 $ 423,834 check
# 4 Binance ONT/ETH $ 0.537716 $ 169,388 check
# 5 Binance ONT/BNB $ 0.538432 $ 46,366 check
# 6 Bittrex ONT/USDT $ 0.521113 $ 23,712 check
# 7 Bittrex ONT/BTC $ 0.537783 $ 22,061 check
# 8 Huobi ONT/USDT $ 0.538645 $ 5,638,810 clear
# 9 MXC ONT/USDT $ 0.538045 $ 1,722,980 clear
# 10 Upbit ONT/KRW $ 0.548546 $ 1,088,080 clear

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